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Why buy property in istanbul Turkey

When considering a property purchase in the wonderful city of Istanbul, firstly you need to decide why you are buying and your budget, Is it for pure investment for capital appreciation or rental yields? or is it a lifestyle change or holiday home for you and your family?

Istanbul is like any other major city in the world, city centre and sea view properties come with a premium price tag, quite often with six-figure tags.

Scores of overseas investors have zoned in on the city over recent years purchasing properties all across the city, cashing in on both short and long term rentals. Keen-eyed investors are buying off plan properties at launch prices where property prices increase by at least 50% by the completion dates giving you guaranteed capital appreciation in very short space of time.

The are you choose is a very important factor along with your budget, home buyers with a high budget can purchase luxury Bosphorus properties, though low budget buyers should be looking in the new fashionable inner city areas of Beylikduzu, Esenyurt west of Ataturk International airport.

Property for sale in ISTANBUL Turkey

Altinkum is located in the district of Didim which belongs to the province of Aydin. A stunning coastal town in the Aegean region of Turkey, that has been a popular holiday destination for many years for both Turkish and international tourists.

The area is surrounded by wonderful history with the famous Apollo Temple nearby and not too far away is one of the best preserved historical sites from the ancient world, the old Greek city of Ephesus, both of which attract thousands of visitor’s everyday throughout the year.

The name of Altinkum translates to 'Golden Sand' which is quite apt considering its beautiful sandy beaches, anther one of the areas attractions.

The town used to be a small fishing community, however, in the 1980’s when the Turkish economy hit hard times, many Turkish people from the big cities descended on the area, a the cities were proving a struggle and a strain on their resources, since then the area has grown into one of the most popular beach resorts on the Aegean coastline, and now has a large ex-pat community living side by side with the Turkish people all year round.

Property in Altinkum

Prices of real estate in Altinkum may well surprise you as the area offers excellent value for money with low prices for quality homes. Accommodation for sale in Altinkum, is mainly based on apartments set in complexes with large swimming pools and are often located within walking distance to the beaches.

Villa accommodation in Altinkum, Turkey can also be found at bargain prices too, again found on complexes with shared pools, though private Altinkum property for sale does tend to come with higher price tags as they come with their own land plots with private pools and offer so much more privacy than property located in complexes.

If you are looking to buy property in Altinkum, Turkey, contact us and we will endeavour to find your ideal Turkey real estate to suit your lifestyle requirements and budget.